SOLD
The Premiere Residential Acquires Soltra At SanTan Village Multifamily In Gilbert, AZ For $140M
1690 South Santan Village Parkway
MultiFamily
Sold 296 days ago
Summary
Sale
ARIZONA
MultiFamily
Soltra at SanTan Village, a luxury apartment community in Gilbert, has been sold for $140 million. The property, located at 1690 South Santan Village Parkway, consists of 380 units, with an average price per unit of $368,421. This transaction marks a significant sale in the currently low-volume multifamily asset sales market in Gilbert, AZ.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $140,000,000
- Units: 380
- Price Per Unit: $368,421
The buyer in this transaction is The Premiere Residential, while the seller is Leon Capital Group. The deal was facilitated by the brokers, Matt Pesch, Asher Gunter, Sean Cunningham & Austin Groen, representing CBRE.
Players
All
5
Agents
4
Agencies
1
Details
SOLD
IMAGE: Matt Pesch, Asher Gunter, Sean Cunningham & Austin Groen
DATE: 07/12/2023
ADDRESS: 1690 South Santan Village Parkway
MARKET: Gilbert, AZ
ASSET TYPE: Multifamily
BUYER: The Premiere Residential
SELLER: Leon Capital Group
BROKERS: Matt Pesch, Asher Gunter, Sean Cunningham & Austin Groen - CBRE
SALE PRICE: $140,000,000
UNITS: 380 ~ PPU: $368,421
NOTE: Soltra at SanTan Village, a luxury apartment community in Gilbert, has been sold for $140 million, signaling a significant transaction in the currently low-volume multifamily asset sales market.View on map
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Address1690 South Santan Village Parkway
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